Eurcadlong
EURCAD long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
Euro/Canadian: EURCAD: ForecastHi,
I have analysed the EURCAD, current price came from the Triple Top, as it was on implusive phase, now the price is in large corretion, inside the large correction there is sell pattern with two touch already been played out, now i am waiting for the third touch on the trendline then wait for SELL confirmations like Engulfing candle, evening star and candle rejection
This is the H4 TFM
this is just my opinion.
Kind regards
EURCAD and Buy Area (7/7/2020)Buy limit
1.52925
SL at 1.52725
TP1 at 1.53125
TP2 at 1.53310
TP3 at 1.53500
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURCAD - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish reaction and open this week.
4 HOUR
Overall waving market structure at its lows.
DAILY
Good long entries, prices are down and above to jump up.
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.52780
SL @ 1.52110
TP @ 1.54000
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EUR/CAD at support line💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at EUR/CAD. We can see that price is at strong support line and indicators are showing us that price is loosing it's momentum and we believe price now will be going higher.
Let us know what you think about this idea.
Trade safe !
EURCAD, 4hr tf, inverted shouders head pattern Right now we could see EURCAD making an inverted shoulders head pattern on 4hr time frame.
Price also broke through the neckline and right now i see a retest of this neckline. There is also a structural area around it where it acted as resistance before.
Buy position can be taken at this retest for a potential upside.
Buy EURCAD 1.5340
Stop loss 1.5260
Take profit 1 @1.5420
Take profit 2 @1.5500
good luck